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Popular Hong Kong tech stocks generally opened lower, with Lenovo Group (00992.HK) falling more than 5%, Bilibili (09626.HK) falling more than 2%, and Baidu (09888.HK), Hua Hong Semiconductor (01347.HK), and SMIC (00981.HK) all falling more than 1%.

2026-06-04

Popular Hong Kong tech stocks generally opened lower, with Lenovo Group (00992.HK) falling more than 5%, Bilibili (09626.HK) falling more than 2%, and Baidu (09888.HK), Hua Hong Semiconductor (01347.HK), and SMIC (00981.HK) all falling more than 1%.

Other News
2026-06-04

Raymond James raised its PT for Broadcom (AVGO.O) to $450 from $428.

Raymond James raised its PT for Broadcom (AVGO.O) to $450 from $428.
2026-06-04

China's Ministry of Industry and Information Technology (MIIT) has issued a notice launching a minister‑province collaborative 6G innovation pilot. The program targets delivery by 2029 to spur local and corporate innovation, generate indigenous 6G te

China's Ministry of Industry and Information Technology (MIIT) has issued a notice launching a minister‑province collaborative 6G innovation pilot. The program targets delivery by 2029 to spur local and corporate innovation, generate indigenous 6G technical solutions, cultivate commercially promising application scenarios, and produce a range of new terminal products to support 6G commercial deployment.
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